The Chinese see value in Africa

In Africa, China on 19/10/2010 at 5:19 am

The Chinese (people and state-owned enterprises (SOEs)) are flocking to Angola in darkest Africa. The latter are there for the natural resources that China needs, the former because they see the personal opportunities that they see the SOEs drive into China will bring them. Smart people, the Chinese.

So shouldn’t S’porean entrepreneurs and companies (TLCs, GLCs, and SWFs included) head for Africa? Rather than head for China, or Asia as the govmin keeps encouraging us to do? True Asia esp China waz the place to do in the 80s and 90s and early noughties, but if the Jews of Asia are moving on out of their country into Africa, shouldn’t we?

And admiral Cheng Ho was there in the 15th century.

Are our ministers on auto-pilot mode, or is there something they dislike abt Africans?

BTW when I was a student in London in the late 1970s, I got a lot of stick from African students. They tot one LKY was a racist. I argued that he was simply stating facts. This stance cost me dear: I wasn’t invited to partake of raw stakes of lion, zebra or antelope meat. I love steak tartar.

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